St. Anthony Building

12/27/2014

https://farm8.staticflickr.com/7518/16120723511_6c7269aed9_b.jpg

Here is an article by Brianna Bailey with graphics for Tract 30, the area between Cabela's and TopGolf.

New images show glimpse of Chisholm Creek development | News OK (http://newsok.com/new-images-show-glimpse-of-chisholm-creek-development/article/5386843)

OKC now that is f'n awesome. That is what we need more of in OKC. I would advise anyone who think this is another strip mall to check out the renderings for themselves.

They are getting very close to making some big announcements regarding Phase I.

I've heard from very reliable sources that this project has really picked up steam and is close to signing several letters of intent.

With the exception of two local restaurant chains (which will both introduce new concepts for this development) they are focusing almost exclusively on new-to-market retailers and restaurants. They have plans to accommodate 60 restaurants and bars.

The first phase with be the Tract 30 retail parcel with structured parking, along with Cabela's and TopGolf. They also plan to open a bunch of restaurants on the east side of the small lake located at the north end of the project.

http://www.okctalk.com/images/pete/chisholmphases.jpg

Negotiations have taken place with Whole Foods (Phase II), Restoration Hardware, Crate & Barrel, as well as others. As previously reported REI will almost certainly be going to the Glimcher property at 63rd & Western.

Chisholm Creek is also pursing Del Frisco's Steahouse and Fogo de Chao, a Brazilian steakhouse.

Phase II would include 450 luxury apartments with retail on the ground floor, plus much more retail and restaurants as well as tons of office space.

Phase III would be an ambitious indoor/outdoor live music venue and much more.

Phase IV would be a hotel and more.


Total investment would be in the hundreds of millions. Looks like OKC will finally get a full-fledged lifestyle center and likely two, with the Glimcher project.

What is the likelihood they pull this whole project off? Seems rather ambitious.

What is the likelihood they pull this whole project off? Seems rather ambitious.

Confidence is very high this is going to happen, and soon.

They already have the apartment developer lined up for Phase II and have either signed LOI's with some big boys or are very close.

This is great news. What OKC has needed for a long time. I am looking forward to seeing the first phase of this under construction. Retailers like Crate and Barrel as well as Restoration Hardware definitely seem like perfect fits. It will be very nice to have a Whole Foods on this side of town. This will definitely be a potential game changer for OKC's retail scene.

Any chance of getting a Bonefish Grill in this development?

They are basically working with every large and upper scale restaurant and retailer not already in the OKC area.

I've been told they have lots of great, new places very close to announcing, with many more to come.

They are using brokers from all over the country to market the project.

Fogo de Chao, Crate and Barrel and Restoration Hardware will give me a reason to leave the bubble.

This will make OKC on par with other cities when it comes to retail. Awesome!

It reminds me of my experience with Cincinnati. I moved to Cincy in 1992 from Austin and felt it lacked a lot of basic restaurants and retails and developments that I had grown use to. I left Cincy in 1997 still complaining that it was lacking amenities that I thought it should have. Upon returning 5 years later, suddenly it had lifestyle centers and a vast number of new restaurants and projects. It grew up! OKC is about to finally get to where it should have been 5+ years ago.

Basically, this (and possibly Glimcher) would bring to town just about every chain that people have been clamoring for.

The problem with OKC retail has never been about demographics, it's about having one or more lifestyle centers that are necessary for these types of national/regional chains.

This will make OKC on par with other cities when it comes to retail. Awesome!

It reminds me of my experience with Cincinnati. I moved to Cincy in 1992 from Austin and felt it lacked a lot of basic restaurants and retails and developments that I had grown use to. I left Cincy in 1997 still complaining that it was lacking amenities that I thought it should have. Upon returning 5 years later, suddenly it had lifestyle centers and a vast number of new restaurants and projects. It grew up! OKC is about to finally get to where it should have been 5+ years ago.

Agree 100% That has been my experience coming to OKC from Charlotte. Chisholm Creek looks to finally be a retail development fit for a city on OKC's level. This is very refreshing.

http://www.okctalk.com/images/pete/chisholmphases.jpg

Phase II would include 450 luxury apartments with retail on the ground floor, plus much more retail and restaurants as well as tons of office space.

Pete, Phase II is broken up into three different areas. Do you what of what you said is going where? The eastern and western most space seem to considerably smaller, but could be equally as important, depending on the tenants.

I believe the Whole Foods, 450 apartments and office buildings would go in the center section.

Not sure about the rest.

This is awesome news for OKC.

Pete. Do you think there's any chance they're in discussions with Fry's? We desperately need an electronics store.

Pete. Do you think there's any chance they're in discussions with Fry's? We desperately need an electronics store.

My understanding is that other than Cabela's, they are not focusing on any big-box type of retail and Fry's fits in that general category.

However, there are tons of other places along Memorial and I'm sure this development will go a long way towards raising interest in OKC in general.

Whole foods, Super Target, Walmart, Winco, Aldi all within a mile of each other. There will be no complaining about lack of grocery options anymore in this area.

All the complaining will be about traffic!!!

Pete, sorry to go back on this, but I thought I remembered you saying you had heard RH was interested in the Glimcher property. Did they change their mind and are interested in CC now?

Pete, sorry to go back on this, but I thought I remembered you saying you had heard RH was interested in the Glimcher property. Did they change their mind and are interested in CC now?

I said it was REI that was working on a deal with Glimcher.

What is the likelihood they pull this whole project off? Seems rather ambitious.

They have their demographics and traffic counts. They have put in the infrastructure/roads and now have their anchors in Cabelas, Top Golf and the hospital. It now wont be as difficult as you think. Several of the parcels I suspect will be easily sold to restaurants and what retail space they do build will then be an easy sell. Honestly, at this point Im not sure how they can screw it up.

The only real issue is if the businesses get cold feet due to oil prices and/or financing becomes an issue for the same reason.

But, oddly, chains do better when oil prices are down because the national economy benefits. So, all of them are actually doing better now than just a couple of years ago.

The Medallion Group (the local company that owned the land) brought in a big investor from Austin who has subsequently moved to OKC. He also has great relationships with these chains and the brokerage community.

Also, the 450 apartments for Phase II involves a local developer who has a great track record in getting things done.


I'm very optimistic about all this.

If they build it, the retailers will come. The OKC/OK market, even with a downturn due to oil, can support the retailers and restaurants being mentioned. The issue has been a developer willing to build a quality center. If you have a center and stores of this caliber, it will actually return a lot of customers from SW and S. central OK that go to Dallas now. People in Altus, Lawton, and surroundings go to Dallas since it is only an hour more than OKC. These stores will attact them to shop in OKC and not have a reason to go to DFW.

People would flock to a quality lifestyle center, just like they have for every new store that *finally* comes to OKC.

I bet once they get the first phase open this thing really takes off. It's badly needed and it certainly looks like these guys know what they are doing.

From Chisholm Creek Facebook Page:


Check out the News! We are excited to announce a new part of Chisholm Creek!

https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-xap1/v/t1.0-9/10931230_600910220008875_6975077842391572733_n.jpg ?oh=34f4a942c86466d11eba459fe31dd8bc&oe=556B062F&__gda__=1428517875_259b9efa5c1d9ddbb048379611d8623 6

https://scontent-b.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/10394804_600910240008873_861317809621377176_n.jpg? oh=f0c76f16fe9356ad618c8c561af8a4f7&oe=5559E73F

https://scontent-b.xx.fbcdn.net/hphotos-xap1/v/t1.0-9/1511174_600910256675538_1387063464250153042_n.jpg? oh=2bbc4acb0f8525311674f88107837fd1&oe=55675F4A

Amazing. I am as excited about this as I am anything currently going on downtown.

This really looks like something I would see in Dallas or Charlotte. It is refreshing to see something like this coming to OKC. Finally a retail development fit for a big league city.

This development, along with Glimcher's plans, neutralizes a very large percentage of the frustration (and self-consciousness) that locals feel about OKC not being on par with its peer cities.

Just obtained this updated site plan and labeled the biggest changes:


http://www.okctalk.com/images/pete/chisholmsite012215.jpg

I like it! It keeps getting better and better!!

Pete, do you know when they plan on starting construction on Tract 30?

Construction should start soon.

They want to be complete by this time next year.

Construction should start soon.

They want to be complete by this time next year.

Like

I know of two restaurants they are very close to signing leases for that building, and people will be excited about them.

Not sure about the remainder but once this first spec building is underway, I think the ball will really get rolling.

I know of two restaurants they are very close on for that building, and people will be excited about them.

Not sure about the remainder but once this first spec building is underway, I think the ball will really get rolling.Are they currently in the market?

Just obtained this updated site plan and labeled the biggest changes:


http://www.okctalk.com/images/pete/chisholmsite012215.jpgold one for comparison

http://www.okctalk.com/images/pete/chisholmphases.jpg

I'm guessing the health club is a gym? It seems likely LA Fitness is going to go there. A Bally's would be cool also.

Will that grocery store have an entrance on the south side of the building? ...otherwise it'll look weird having a big blank wall/building facing that interior street with the "main street" concept it appears they're trying to go for.

Will that grocery store have an entrance on the south side of the building? ...otherwise it'll look weird having a big blank wall/building facing that interior street with the "main street" concept it appears they're trying to go for.

I don't see why it wouldn't. Other developments I've seen like this that include grocery stores all have dual entrances, one to the main street and the other to the parking lot.

I'm guessing the health club is a gym? It seems likely LA Fitness is going to go there. A Bally's would be cool also.

Bally's? This isn't 1987

If the layout is anything of a tease, it's a Lifetime Fitness, which would be amazeballs. Only sucks that it's not closer to my house if true.

Pete, the latest renderings have a "Public Market" on the north side of the development. Is this like a farmer's market?

My guess is Lifetime or LA Fitness.

I always found it strange that Bally's owned and used their brand for both fitness centers and mall arcades, as well as the casino in Vegas.

It would be great if we could get an IKEA in that 7.87 acres next to TopGolf, even though that would likely be at least 5-6 years down the road. Regardless this is a great addition to Oklahoma City and should put an end to any debate about Tulsa getting things first.

It would be great if we could get an IKEA in that 7.87 acres next to TopGolf, even though that would likely be at least 5-6 years down the road. Regardless this is a great addition to Oklahoma City and should put an end to any debate about Tulsa getting things first.

Agreed. The design of this shopping center is a step above anything in Tulsa. Will be very interested to see the first round of tenants announced.

Hopefully an IKEA does end up in this area though I believe the Chisholm Creek developers are trying to shy away from big box beyond Cabela's. The general area would be perfect for it though. Maybe on the other side of Western across from the healthplex?

It would be great if we could get an IKEA in that 7.87 acres next to TopGolf, even though that would likely be at least 5-6 years down the road. Regardless this is a great addition to Oklahoma City and should put an end to any debate about Tulsa getting things first.For some reason, I just don't see Ikea as a good fit for Chisholm Creek. I would like them to locate right across Western though.

OKC could definitely support an IKEA. There's no doubt in my mind. I think it would be a perfect fit for ChCr.

OKC could definitely support an IKEA. There's no doubt in my mind. I think it would be a perfect fit for ChCr.

In their current state, I have a hard time believing IKEA will come here, especially with two stores within a five hour drive. There are several metros much larger than OKC that have yet to build one; don't quote me, but I think they like to have at least 2 million within a 60 mile radius of a store.

If the Memphis store succeeds, they could start looking at smaller stores in smaller metros.

It would be great if we could get an IKEA in that 7.87 acres next to TopGolf, even though that would likely be at least 5-6 years down the road. Regardless this is a great addition to Oklahoma City and should put an end to any debate about Tulsa getting things first.

IKEA needs way, way more land than 8 acres. I dont see that there is space for one at Chisholm and obviously doesnt appear to be any interest from IKEA.

Pete, the latest renderings have a "Public Market" on the north side of the development. Is this like a farmer's market?

Yes, I believe so.

IKEA needs way, way more land than 8 acres. I dont see that there is space for one at Chisholm and obviously doesnt appear to be any interest from IKEA.

Actually, IKEA has stores as small as 3000-4000 sq ft. If anyone has ever traveled to Puerto Rico, cities like San Juan have IKEA stores that are the size of say Williams-Sonoma inside Penn Square. The store I went to was in a town called Ponce, which has a population of about 200,000, maybe 350,000 within a 30 mile radius. Whatever they didn't have in the store, you could order from their in-store catalog with no shipping cost. But you won't find those stores listed on their website.

Thats not to say that's the size of store they would want to build, I'm sure if they came to Oklahoma they would want to build a larger store and maybe the 7.87 acres is too small for what they would want to build here. Point I'm trying to make is they have smaller stores across the world. Everything they build is not 100,000 sq ft in cities with 2-3 million population.

Oklahoma has almost 4 million people living here, you have to think that this store would draw from the Texas panhandle, southern Kansas, western Arkansas and SW Missouri. Maybe and this is probably a stretch, but they could even pull from New Mexico.

Texas Panhandle Population - 427,927
Southern Kansas Population (Wichita Area included) - 600,000+
Eastern Arkansas Population - 350,000+

So within 4 hour radius, not including the Dallas area, you are drawing from probably over 6 million people.

... They have plans to accommodate 60 restaurants and bars.

...

This will truly be amazing if it all comes together. 60 restaurants and bars (along with other retail) in that location seems incredibly dense (which can be a good thing), hopefully all that go in there can survive, more power to them...

From their Facebook page:


Roads going in all the way to Penn!

https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-xpf1/v/t1.0-9/10345548_604818539618043_4067828859188450781_n.jpg ?oh=137904df6c6b73f4dc66182849208f19&oe=554C541A&__gda__=1432319344_c9d46d8cff22bcf8b5bb36e43a3866f d

I wonder if that "health club" is familiar with the attempt at one that was across the way that is now that big church?

Ohh wow. I didn't know there was a creek bed they had to work around. They got all the road work done incredibly fast.

I wonder if that "health club" is familiar with the attempt at one that was across the way that is now that big church?

If Chisholm Creek is successful and built as envisioned, I see this possible future health club being a lot more successful. The health club that was on Memorial was built in a bad location on a one way street. The area around the intersection of Western and Memorial north of the turnpike is kind of rundown and stagnant. I'm hoping with Oncue, Main Event and the Chisholm Creek going in, we see those two corners redeveloped. The two shopping strips on the corners, out of business gas station, and current gas station need to be demolished.

I haven't seen anything, but is there going to be any changes to Penn, Memorial, or Western to account for the additional traffic?


*I still think when they built the turnpike they positioned the off-ramps way too close to the intersections. I am a huge fan of the Texas system of exiting right after the intersection and driving 3/4 of a mile on the service road.

I haven't seen anything, but is there going to be any changes to Penn, Memorial, or Western to account for the additional traffic?


*I still think when they built the turnpike they positioned the off-ramps way too close to the intersections. I am a huge fan of the Texas system of exiting right after the intersection and driving 3/4 of a mile on the service road.

Never formulated this thought well in my brain, but I totally agree. Exiting the turnpike on memorial and trying to get to the right lane is really dangerous. They should probably start the "Exit here for Chisolm Creek" signs at least at the May exit.

I haven't seen anything, but is there going to be any changes to Penn, Memorial, or Western to account for the additional traffic?


*I still think when they built the turnpike they positioned the off-ramps way too close to the intersections. I am a huge fan of the Texas system of exiting right after the intersection and driving 3/4 of a mile on the service road.

Their adding a right hand turning lane on Western and Memorial. The only thing else they could really do is a Texas turnaround on the other side of Penn and another Texas turnaround at Western.

Never formulated this thought well in my brain, but I totally agree. Exiting the turnpike on memorial and trying to get to the right lane is really dangerous. They should probably start the "Exit here for Chisolm Creek" signs at least at the May exit.

I don't see a reason why they put the off ramp that close to the intersection. I think there is even less room to move over at the western off ramp.

It should be in their short term plans to switch up the on/off ramps at the very least for penn, may, and western. I don't remember where but there was an article where they asked some guy with the turnpike about the congestion and he said that due to the traffic people should exit a mile early that way they don't have get over a few lanes. At the time I was like sure, not a perfect solution but an easy short term fix but lately even doing that I get stuck having to turn or wasting 5 minutes trying to get through multiple lights for that extra mile.